BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: Jimbo Cobb who wrote (586)	4/21/1999 8:40:00 PM
From: Ken Whiteside	Read Replies (2) of 954

Jimbo, it may indeed go to 35. I'm about 90% sure it will pull back to low 20 within a week and very unsure of anything above 32. I'll short half position around 32 and if it keeps going to 35, the other half. You should look at the previous IPO's. This was getting routine till DLIA of late. I held strong and killed that one up and down! It was scary though. DLIA really tried to break the pattern. The killing LPGL took a couple days ago confirmed to me that there isn't long money here, just profit takers and shorters. FNHC was about as strong a hand as there could be during the blood bath. That one is heading to 15 easy.

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